The Biggest Foreign Buyouts
Anheuser-Busch (BUD) is not the first U.S. company to be swallowed by a foreign firm, and it certainly won't be the last. The announcement of Belgian brewer InBev's (INBVF) $52 billion buyout of Anheuser was followed by news on July 21 that Genentech (DNA) would be acquired by Swiss biotech company Roche Holdings (RHHVF), which offered $43.7 billion for the portion of Genentech it doesn't already own.
Both deals are among the largest foreign buyouts of U.S. companies ever.
The weak U.S. dollar and a stock market that has fallen 20% from its peak are making U.S. assets more attractive to overseas buyers these days. But while cheap valuations can give companies appeal as buyout targets, America's rocky economy and subprime financial crisis might be making some overseas acquirers think twice.
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